Fredericksburg Isd Education Foundation

Analysis

Fredericksburg Isd Education Foundation is a registered charity in United States, based in Fredericksbrg, TX. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fredericksburg Isd Education Foundation reported income of $404k and spending of $345k, spending 85% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $260k to $404k (+56%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fredericksburg Isd Education Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Shaking the Tree Inc ($404k), National Association of Corporate Directors ($404k) and Essential Families Midwest Inc ($404k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $272k against liabilities of $0, net assets of $272k.